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New technologies, global value chains, and the developing economies
Rodrik, Dani - 2018
Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
Persistent link: https://www.econbiz.de/10011925878
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Institutional architecture for financing Pan-Asian infrastructure connectivity
Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2017
Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically … proposed. This initiative plans to create an economic zone covering Asia, Europe and Africa. To successfully promote and … finance greater physical connectivity, at the pan-Asian, sub-regional and national levels, Asia will require a strong and …
Persistent link: https://www.econbiz.de/10011638303
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Unlocking the value of cross-border mergers and acquisitions
Brakman, Steven; Garita, Gus; Garretsen, Harry; … - 2008
Persistent link: https://www.econbiz.de/10003711774
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Migration, knowledge diffusion and the comparative advantage of nations
Bahar, Dany; Rapoport, Hillel - 2016
Do migrants shape the dynamic comparative advantage of their sending and receiving countries? To answer this question we study the drivers of knowledge diffusion by looking at the dynamics of the export basket of countries, with particular focus on migration. The fact that knowledge diffusion...
Persistent link: https://www.econbiz.de/10011432506
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The distribution of talent and the pattern and consequences of international trade
Grossman, Gene M. - 2002
In an economy with imperfect labor contracts, differences in the distribution of talent can be an independent source of comparative advantage. I study a world economy with two activities, one in which an individual's contribution to production can be measured accurately and another in which...
Persistent link: https://www.econbiz.de/10011410329
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The dynamics of comparative advantage
Hanson, Gordon H.; Lind, Nelson; Muendler, Marc-Andreas - 2015
This paper characterizes the dynamic empirical properties of country export capabilities in order to inform modelling of the long-run behavior of comparative advantage. The starting point for our analysis is two strong empirical regularities in international trade that have previously been...
Persistent link: https://www.econbiz.de/10011392498
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Heterogeneous technology diffusion and ricardian trade patterns
Kerr, William R. - 2016
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011568775
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Comparative advantage in (non-)routine production
Archanskaia, Liza; Van Biesebroeck, Johannes; Willmann, … - 2020
We illustrate a new source of comparative advantage that is generated by countries' different ability to adjust to technological change. Our model introduces substitution of workers in codifiable (routine) tasks with more efficient machines, a process extensively documented in the labor...
Persistent link: https://www.econbiz.de/10012200350
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Export take-offs and acceleration : unpacking cross-sector linkages in the evolution of comparative advantage
Bahar, Dany; Rosenow, Samuel; Stein, Ernesto; Wagner, … - 2018
The transition into non-traditional export activities attracts important policy and academic attention. Using international trade data, we explore how alternative linkages relate to the take-off and acceleration of export industries. Concretely, we run a horse-race among alternative Marshallian...
Persistent link: https://www.econbiz.de/10011955577
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Trade and credit reallocation : how banks help shape comparative advantage
Keuschnigg, Christian; Kogler, Michael - 2018
Trade and innovation cause structural change. Productive factors must flow from declining to growing industries. Banks play a major role in cutting credit to non-viable firms in downsizing sectors and in providing new credit to finance investment in expanding, innovative sectors. Structural...
Persistent link: https://www.econbiz.de/10011941557